Jet.AI And Oxbridge Acquisition Corp. Announce Shareholder Approval Of Business Combination
Oxbridge Acquisition Corp (NASDAQ:OXAC) ("Oxbridge"), a special purpose acquisition company, and its merger partner Jet Token inc. d/b/a Jet.AI ("Jet.AI" or the "Company") (NASDAQ:JTAI, JTAIW and JTAIZ))))), an innovative private aviation, artificial intelligence company, today announced that their previously announced business combination was approved by Oxbridge's shareholders during its extraordinary general meeting of shareholders yesterday in which 99.99% of the votes cast were voted in favor of the business combination as well as other proposals related to the business combination matters. Complete official results of the vote will be included in a current report on Form 8-K to be filed by Oxbridge with the U.S. Securities and Exchange Commission (the "SEC") today. The parties will now look to complete the proposed business combination as soon as possible subject to the parties satisfying all other remaining closing conditions.